Warren Buffett’s son invests $34M in #MeToo, LGBTQ rights and more

Warren Buffett’s son Peter Buffett and his wife Jennifer are doing what they can to help drive change for major social issues that have gained traction lately, such as the #MeToo movement, racial injustice and immigrant and refugee justice.

The NoVo Foundation, which they run, is granting $34 million to nonprofits — most led by women of color — in the U.S. and around the world, as part of NoVo’s Radical Hope Fund.

The announcement marks the culmination of a yearlong, global call for social justice partnerships. Out of the 1,000 applications, 19 organizations were selected for funding based on how each project invokes radical hope, courage and creativity, and advances the agenda of positive social change, among other qualities.

Almost one year since its launch, the Radical Hope Fund is a complementary extension of the NoVo Foundation and a multiyear commitment to support transformative social justice work across the globe. Founded in 2006, NoVo has become one of the largest private foundations in the world to support initiatives focused explicitly on girls and women, including a dedicated focus on ending violence against girls and women.

RELATED: Check out how father Warren Buffett has donated in the past:

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Warren Buffett beats his own donation record

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Warren Buffett beats his own donation record

*** Local Caption *** Warren Buffett

SUN VALLEY, ID - JULY 08: Warren Buffett, chairman of Berkshire Hathaway Inc., arrives for the Allen & Company Sun Valley Conference on July 8, 2014 in Sun Valley, Idaho. Many of the worlds wealthiest and most powerful businessmen from media, finance, and technology attend the annual week-long conference which is in its 32nd year. (Photo by Scott Olson/Getty Images)

SUN VALLEY, ID - JULY 12: Warren Buffett (L), chairman of Berkshire Hathaway Inc., walks with his wife Astrid at the Allen & Company Sun Valley Conference at the Sun Valley Resort on July 12, 2014 in Sun Valley, Idaho. Many of the world's wealthiest and most powerful executives from media, finance, and technology attend the week-long conference which is in its 32nd year. (Photo by Scott Olson/Getty Images)

UNITED STATES - NOVEMBER 13: Warren Buffett, right, chairman and CEO of Berkshire Group, talks to Conrad Teitell, principal at Cummings and Lockwood, LLC, before a Senate Finance Committee hearing on the federal Estate Tax. (Photo By Tom Williams/Roll Call/Getty Images)

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., smiles during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images

UNITED STATES - MAY 09: Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview at Smith & Wollensky steakhouse on Wednesday, May 9, 2007, in New York. Billionaire Warren Buffett sat down over steaks today with an investor who paid $620,100 for the privilege. (Photo by Stephen Hilger/Bloomberg via Getty Images)

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during an interview in New York, U.S., on Tuesday, Oct. 22, 2013. Warren Buffett and his late first wife, Susan, gave and pledged billions to each of their three children to fund charitable foundations. Howard, an Illinois farmer, picked global hunger as his target. Photographer: Scott Eells/Bloomberg via Getty Images

The inaugural grantees are devoted to driving social change in communities, from women Nobel Peace Prize laureates influencing the Korean peace process, to Gen Z and millennial Latinx feminist organizers combining protest with performance, to an international network devoted to eliminating the root cause of violence against females and many others.

10. Jolt, with Deeds Not Words

Movement Mujeres: Texas — $2,000,000

11. Masimanyane Women’s Rights International

International Network to End Violence Against Women and Girls: International (member representatives from Australia, Ghana, India, Jamaica, Mexico, New Zealand, Norway, Samoa, South Africa, Trinidad and Tobago, Uganda, United Kingdom, U.S.) — $1,240,000